Contract Management Goods & Services Procurement Team 
ivalua
AUGUST 17, 2021
Procurement can and should be a significant value generator for the larger organization. There are, in fact different phases of procurement value creation that tie into the Source-to-Pay process: . Creating Value occurs when sourcing and procurement uses relevant sourcing processes and tools to engage and select the best fit supplier.
The Procurement School
SEPTEMBER 15, 2023
These steps may not apply to every procurement but once completed they will inform the procurement strategy which then leads to development of procurement document. Needs analysis ensures an accurate understanding of the goods / services being procured.
ivalua
MARCH 9, 2023
The last phase of the process, also known as Procure-to-Pay includes the ordering of goods/services, receiving of these, invoicing and payment to suppliers. Contract Management: The piece that connects the upstream and the downstream, where value starts being captured.
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